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Walmart Scoring Model

Super Contributor

Re: Walmart Scoring Model

How many inquiries do you have? They accepted me with 12 or 13. 

 

GE tends to be one of those companies that, when they deny you, just throw at random reasons and hope they stick. 

Regular Contributor

Re: Walmart Scoring Model

Around 20? A couple of car dealerships went nuts in a 2 month time frame when I asked them to stop floating my information around if they couldn't get an approval. In fact, after they got an approval and I purchased else where - they still kept apping me.

February 2012: 480 across the board (before I found this site and started working on my scores)
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Starting Scores: TU FAKO: 543 (06/16/2012) EX FAKO: 547 (06/16/2012) EQ FAKO: 528 (06/16/2012)
Current Scores:TU FICO: 639 (11/20/2012) EQ FICO: 617 (11/20/2012)
TU FAKO: 606 (8/30/2012) EX FAKO: 574 (09/04/2012) EQ FAKO: 564 (09/30/2012)
Valued Contributor

Re: Walmart Scoring Model


xthatgamerguyx wrote:

I have one unpaid collection for student loans, the rest have been PFD. 6 months perfect history on an auto loan, 2 secured cards.

 

I have no public records. I only have 4 positive trade lines - auto loan, WF secured card, Cap1 secured card, Sears Citi. Other than that I have no recent credit.

 

And it appears to be the GE scoring model.

 

Apparently I can't win.


what is the score range?

               LIMITS IN CARD DESCRIPTIONS
Regular Contributor

Re: Walmart Scoring Model

300-620

February 2012: 480 across the board (before I found this site and started working on my scores)
-------------------------------------------------------------------------------
Starting Scores: TU FAKO: 543 (06/16/2012) EX FAKO: 547 (06/16/2012) EQ FAKO: 528 (06/16/2012)
Current Scores:TU FICO: 639 (11/20/2012) EQ FICO: 617 (11/20/2012)
TU FAKO: 606 (8/30/2012) EX FAKO: 574 (09/04/2012) EQ FAKO: 564 (09/30/2012)
Established Contributor

Re: Walmart Scoring Model

^ I hate dealers that do this. There should be a law against it. I've seen scores tank 700 to 620's after dealer app sprees. I own a car dealership and I am always sensitive about how many apps I do for my customers and I always make them aware that it is a hard pull and explain the difference.

AMEX SPG $30K | Citi TY Premier $20k | PenFed PlatRewards $25k | Barclay Arrival+ 40k | Chase Freedom $20k | BofA AMEX $15k | Discover IT $20k | | NASA Platinum-Advantage $20k | CapOne Quicksilver $15k | Amazon Card $10k |

My Journey from Sub-600s:
Regular Contributor

Re: Walmart Scoring Model

It sucks. I know for a fact some of them kept apping me after they had gotten a couple of approvals, and I went else where to buy. EQ has more than any of them - over 50! All from companys I have never even heard of.

February 2012: 480 across the board (before I found this site and started working on my scores)
-------------------------------------------------------------------------------
Starting Scores: TU FAKO: 543 (06/16/2012) EX FAKO: 547 (06/16/2012) EQ FAKO: 528 (06/16/2012)
Current Scores:TU FICO: 639 (11/20/2012) EQ FICO: 617 (11/20/2012)
TU FAKO: 606 (8/30/2012) EX FAKO: 574 (09/04/2012) EQ FAKO: 564 (09/30/2012)
Valued Contributor

Re: Walmart Scoring Model

the monthly TU cr i get from walmart has me a 695 this month and last month at 693. But when i was approved for their card they had me at 404 in their internal score system.
Amex BCE (2500) / Amex SPG (4000) / Amex GoldPR / Merrill+ Visa siggy (5000) / BofA Amex (6000) / Bofa cash rewards (5000) / BofA Privileges Cash Rewards (5000) / Citi Forward (4400) / Citi DP (2000) / Chase Freedom (4000) / Chase CSP (5000) / Chase Hyatt (5000) / Discover IT (1700) / FNBO AMEX (3600) / NFCU cashRewards Visa signature (15000) / NFCU Flagship Visa signature (12500) / NFCU Navcheck (5000) / Nordstrom (500) / MetroCU Visa Elite (5000) / Walmart (4500) / Kays Jewerels (6600) / Kohls (300) / Macys Platinum (2500) / DCU platinum Visa (17500) / Citizens bank cash back (1100) / Bill Me Later (1631) / PayPal Smart connect (2200) / BestBuy store card (2000)
Frequent Contributor

Re: Walmart Scoring Model


Crashem wrote:

xiownthisplacex wrote:

myfico uses an older version of TU Fico that almost no one uses anymore (TU04), everyone uses TU08 now.


myfico sells TU98, not TU04.  FICO 04 is the most widely used Fico scoring model.  Some use FICO 8.  Few still use FICO 04.  Also, EQ Fico score sold by myfico is FICO04.  So basically right on your basic facts but just wrong on the various numbers Smiley Happy


You're right lol, i don't know how I switched them hehe, thanks for correcting me! Smiley Very Happy

Established Contributor

Re: Walmart Scoring Model


jsickz32 wrote:
the monthly TU cr i get from walmart has me a 695 this month and last month at 693. But when i was approved for their card they had me at 404 in their internal score system.

@JSICKZ32, how did you get GE's internal score for you? i was just recently approved and got my card and cardmember agreement today but i couldnt find any kind of score on any of the paperwork? i was just curious to see what score they had me at lol



Starting Score: EQ 609, EX 633(Fako), TU 700
Current Score: EQ 699, EX 758, TU 733
Goal Score: 720 across the board
Garden Club Member-GC Challenge: App free since 10/31/12 Smiley Wink
Super Contributor

Re: Walmart Scoring Model

Lenders are only required to provide you with a score if you're either denied, or not given the best terms they offer (I.E, Higher APR)